DSP Midcap Fund – Direct Growth

DSP Midcap Fund, an open-ended Mid Cap Equity Scheme from DSP Mutual Fund House, was introduced on November 14, 2006. Vinit Sambre, Jay Kothari, Resham Jain, and Abhishek Ghosh are the administrators of this fund.

The top four stock holdings of DSP Midcap Fund are Supreme Industries Ltd., The Phoenix Mills Ltd., Atul Ltd., and Federal Bank Ltd. The majority of the fund’s investments are concentrated in the financial, technology, healthcare, automotive, materials, construction, metal & mining, consumer discretionary, and chemicals sectors.

The main goal of an investment is to produce long-term capital growth through a strategy that is predominantly composed of midcap company shares and equity-related instruments.

Pros & Cons

How to Invest in DSP Midcap Fund

Investing in the DSP Midcap Fund through 5paisa is a straightforward and convenient process. It is simple to operate, can be completed quickly, and does not involve any cumbersome paperwork.

You can invest in any DSP Mutual Fund scheme using the 5paisa platform, either the website or the mobile app. To start investing, you must register yourself on the 5paisa platform and start investing in mutual fund investments immediately. To open an account with 5paisa, you must upload your information and have your KYC documents handy. The complete process can be done online, making it simple and hassle-free.

Once you have opened an account with 5paisa, below are the steps to follow:

Step 1 – Login to 5paisa. If you do not have an account, you can register and create a new one right away.

Step 2 – Once logged in to your account, you can search for the preferred DSP Mutual fund scheme. Alternatively, you can view All Mutual Funds and choose DSP AMC from the filter.

Step 3 – Select the Best fund according to your criteria.

Step 4 – If you wish to invest a lumpsum amount, click on “One-Time”. Alternatively, you can start an SIP by clicking on “Start SIP”.

Step 5 – Once you have made the payment, you will see the investment status in your orderbook.

Your DSP Mutual Fund Investment with 5paisa is complete and you can enjoy the returns!

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What is the Expense Ratio of DSP Midcap Fund

The expense ratio is a measure of the fee charged by the Asset Management Company (AMC) to manage your investment in a mutual fund. It is expressed as a percentage of the fund’s assets and represents the cost of running the fund per unit. The expense ratio of the DSP Midcap Fund is 0.75% as of January 30, 2023.

Who Should Invest in DSP Midcap Fund

You are suitable for investing in this category of funds if you:

● Have experience as an investor with a well-established core portfolio.
● Intend to allocate 10-15% of your overall portfolio to high-risk, high-reward opportunities.
● Are aware of the high level of risk involved in these types of funds.
● Have the patience and mental fortitude to remain invested for a long-term horizon of at least ten years.
● View market downturns as opportunities to make additional investments.

What are the Benefits of Investing in DSP Midcap Fund

Here are the benefits you will receive while investing in DSP Midcap Fund:

1. Inexpensive Investment

Investing in the DSP Midcap Fund does not require a large amount of money. You can start with a minimum investment of Rs.500.

2. Long-Term Capital Gains

DSP Midcap Fund has delivered strong risk-adjusted returns in the past, outperforming its benchmark and peers in its category.

3. Diverse Investment Portfolio

The fund’s portfolio is diversified across different market capitalizations and sectors, reducing concentration risk and providing a well-rounded investment opportunity.

4. Less Market Risk

The DSP Midcap Fund has been a top performer on a 1-year and 5-year rolling return basis and outperformed many of its peers on a 2-year and 3-year rolling return basis. In terms of risk and return, the fund has demonstrated lower volatility than both the benchmark and category average. Its risk-adjusted returns have been better than the benchmark but comparable to the category average.